Chilean taxpayers must report their cryptocurrency profits to the Chilean Internal Revenue Service, local media reports. Chilean taxpayers must report their cryptocurrency profits to the Chilean Internal Revenue Service (SII), Spanish crypto media Diario Bitcoin reports on Jan. 17. The SII reportedly decreed in 2018 that digital currencies weren’t subject to Value Added Tax (VAT), […]
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Pete Hoekstra, Netherlands’ Minister of Finance, received official advice that a licensing system should be introduced for crypto services. Pete Hoekstra, the Netherlands’ Minister of Finance, has received official advice that a licensing system should be introduced for crypto services, Dutch media outlet Nederlandse Omroep Stichting (NOS) reports on Jan. 18. Hoekstra reportedly requested advice […]
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All the top 20 cryptocurrencies are seeing moderate to major losses, with Bitcoin approaching the $3,550 mark again. Sunday, Jan. 20 — all the top 20 cryptocurrencies are seeing moderate to major losses in the 24 hours to press time. Bitcoin’s (BTC) price is nearing $3,550 again, according to Coin360 data. Market visualization from Coin360 […]
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Cryptocurrency exchange Huobi has relaunched as a fully licensed platform in Japan after merging with BitTrade. On Jan. 17, Singapore-based cryptocurrency exchange Huobi, one of the largest players on the market, relaunched as a fully licensed platform in Japan after merging with the BitTrade exchange. Branching out to Japan, where compliance is valued and many […]
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Two leaders of South Korean cryptocurrency exchange Komid were reportedly sentenced to serve jail time for faking exchange volumes. Two leaders of the South Korean cryptocurrency exchange Komid were reportedly sentenced to serve jail time for faking exchange volumes, Korean crypto media outlet blockinpress reports on Jan. 18. The exchange’s CEO, surnamed Choi, received a […]
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The United Arab Emirates and Saudi Arabia announced an agreement to cooperate on the creation of a cryptocurrency. The United Arab Emirates (UAE) and Saudi Arabia have announced an agreement to cooperate on the creation of a cryptocurrency, UAE official news agency Emirate News Agency reports on Jan. 19. According to the report, the Executive […]
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All the top 20 cryptocurrencies are seeing slight to moderate gains, with Bitcoin approaching the $3,750 mark again. Saturday, Jan. 19 — all the top 20 cryptocurrencies are seeing slight to moderate gains in the 24 hours to press time. Bitcoin’s (BTC) price is nearing $3,750 again, according to Coin360 data. Market visualization from Coin360 […]
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A bill meant to clarify the classification of digital assets has been introduced in Wyoming. A bill meant to clarify the classification of cryptocurrencies has been introduced in the U.S. state of Wyoming Jan. 18, according to the official state legislature website. The bill places crypto assets into three categories: digital consumer assets, digital securities […]
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Seven people who allegedly managed a fraudulent crypto investment scheme have been charged with violation of multiple banking and business laws in Taiwan. Seven people who allegedly managed a fraudulent crypto investment scheme have been indicted in Taiwan, according to a report by English-language local media FocusTaiwan on Jan. 18. According to the report, citing […]
Continue ReadingDuring last year, the value of Bitcoin sent to darknet markets has notably increased, according to a report. During last year the value of Bitcoin (BTC) sent to darknet markets increased by 70 percent, according to a Chainalysis report published on Jan. 18. The Chainalysis report points out that darknet activity is relatively not influenced […]
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